PNUT Bearish Dominance! The rebound is just a bait, and the main trend is undoubtedly downward!

PNUT is under the control of bears! The MACD death cross has formed, and the price structure is firmly locked in a downtrend. In this wave of market, going short at highs is the right answer!

Key Analysis: MACD death cross signal: Technical indicators clearly point to a bearish trend, and there are unlikely to be reversal signals in the short term. The rebound during the decline, but the larger structure remains bearish dominant, this kind of rebound seems more like a buildup for the next round of decline. You can catch small cycle rebounds for speculative plays, but must primarily go short at highs and avoid blindly going long against the trend!

PNUT's bearish logic is clear and strong, and the market will not change direction because of retail investor emotions. In a bearish market, going with the trend is the winning strategy! Not greedy, not chaotic, accurately capturing entry points is the key!

Follow Uncle Qian, and let him guide you to find the true way to make money in a bearish market! More detailed strategy sharing available.